Good news! Many travel medical policies start at less than a dollar a day. Costs can vary widely depending on factors such as coverage level, age, destination, and trip length. A full week of coverage may cost less than $4 or more than $100.
Generally, the cost of a travel medical insurance policy is lower if:
- You choose a lower overall maximum coverage limit
- You choose a higher deductible
- You fall into a younger age group
- You are traveling outside the U.S.
- You are taking a shorter trip
How Much Does Travel Medical Insurance Cost for One Week?
For Travel Outside the USA:
The Atlas International® policy from WorldTripsstartsas low as 50* cents per day, or $3.50*for one full week of coverage.
Themaximum possible premiumis $16.12** per day, or $112.84**for a full week of coverage.
*Costs based on the Atlas Travel daily rate in 2023 for a traveler in the youngest age groups (14 days - 29 years) who is traveling outside the U.S. with the highest deductible($5,000), and the lowest overall maximum coverage limit available to this age group ($50,000).
**Costs based on the Atlas Travel daily rate in 2023 for a travelerin the oldest age group (80+) who is traveling outside the U.S. with the lowest deductible ($0), and the overall maximum coverage limit available to this age group ($10,000).
For Non-U.S. Citizens Traveling to the USA:
The Atlas America® policy from WorldTripsstartsas low as93* cents per day, or $6.51*for one full week of coverage.
The maximum possible premium for travel within the U.S. is $21.26** per day, or $148.82**for a full week of coverage.
*Costs based on the Atlas Travel daily rate in 2023 for a traveler in the youngest age groups (14 days - 29 years) who is traveling to the U.S. with the highest deductible($5,000) and the lowest overall maximum coverage limit available to this age group ($50,000).
**Costs based on the Atlas Travel daily rate in 2023 for a travelerin the oldest age group (80+) who is traveling to the U.S. with the lowest deductible ($0) and the overall maximum coverage limit available to this age group ($10,000).
The Daily Rate: How Travel Medical Insurance Costs Are Configured
Most travel medical insurance policies charge a standard daily rate - applied per person and per day - that’s based on:
- Traveler(s) Age — Your age determines which age group you fall into, which in turn influences your daily rate. As your age group increases, you’ll likely see an increase in your daily rate (and as your age group decreases, you’ll likely see a lower daily rate).
- Chosen Deductible — This is the predetermined dollar amount of eligible expenses that you must pay before your travel medical plan will begin to cover its share of your remaining eligible expenses. As you increase your deductible, your daily rate will likely decrease (and if you decrease your deductible, you’ll likely see a higher daily rate).
- Chosen Maximum Coverage Limit — This is the maximum amount your policy will pay for covered expenses. As you increase your maximum coverage limit, expect your daily rate to increase (and if you decrease your maximum coverage limit, you’ll likely see a lower daily rate).
- Destination — If your coverage area includes the U.S., your daily rate is likely to increase (and if your coverage area doesn’t include the U.S, your daily rate will likely decrease).
- Coverage Upgrades —If you choose to opt into coverage upgrades (offered by some travel medical insurance plans), your daily rate will increase.
This daily rate per traveler is then multiplied by the number of covered days, resulting in a total cost-per-person. Add up each cost-per-person andvoilà— you’ve got the price* of your travel medical plan!
Understand that the daily rate will vary from plan to plan, so be sure to compare coverages — notjustprices. Because the daily rate is applied per person and per day, expect shorter trips and policies with fewer members to cost less, and longer trips and policies with several members to cost more.
Learnhow to choose the best travel medical insurance policyfor you.
*Additional surplus lines taxes and fees may apply to Florida residents and/or individuals traveling to Florida.
A Practical Cost Example
Take WorldTrips’Atlas Travel insurance, for example. This plan offers deductibles between $0 and $5,000 and maximum coverage limits between $10,000 and $2,000,000.
Daily rates for policy holdersare broken down into the following age groups:
- 14 days - 17 years old
- 18 - 29
- 30 - 39
- 40 - 49
- 50 - 59
- 60 - 64
- 65 - 69
- 70 - 79
- 80+
Example: Say you’re a 32-year-old traveler from the U.S. heading to Ireland on a 10-day vacation. You choose a $100 deductible and a $1,000,000 coverage maximum. Based on your deductible, age group (30-39), and coverage maximum, an Atlas Travel policy would assign you a daily rate of $2.14.
Since you’re seeking coverage for 10 days,your total cost would be $21.40to cover your 10-day trip.
